Raytech Corporation's Raybestos Products Company Receives Ford's Q-1 Award for Quality

Strategic Insights -

Raytech Corporation announced that its subsidiary, Raybestos Products Company, has earned the prestigious Q-1 Award from Ford Motor Company. This recognition acknowledges Raybestos Products Company's outstanding performance in customer satisfaction, quality, engineering, delivery, and materials management. The company's quality standards have been validated through QS-9000 certification, allowing it to meet the requirements of the Big Three automakers.

Key Takeaways:

  • Raybestos Products Company received Ford Motor Company's Q-1 Award for quality and product support, marking a significant achievement in customer satisfaction and quality standards.
  • The company specializes in the design, development, production, and distribution of friction materials and specialty engineered friction-related products to the automotive and heavy-duty markets.
  • Raybestos Products Company's design, production, and distribution operation was certified for QS-9000, meeting the validation of quality performance required to work with the Big Three automakers.
  • Albert A. Canosa, President and Chief Executive Officer of Raytech Corporation, attributed the achievement to the hard work and commitment of Raybestos Products Company's employees.
  • The Q-1 Award is significant, as it recognizes supplier facilities and organizations that have achieved a sustained level of excellence in customer satisfaction, quality, engineering, delivery, and materials management.
  • Raytech Corporation operates three global strategic business units: the wet friction segment, the dry friction segment, and the aftermarket segment.

Statistics:

  • Raytech Corporation has customers that include Ford Motor Company, DaimlerChrysler, Caterpillar, General Motors, New Venture Gear, Deere and Co., and Mannesman Sachs.
  • The company is headquartered in Shelton, Connecticut, with operations serving world markets for energy absorption and power transmission products, as well as custom-engineered components.
  • The Q-1 Award from Ford Motor Company is a recognition of established quality standards and a high level of customer satisfaction in the automotive industry.
  • Raybestos Products Company operates in the wet friction segment, which is one of Raytech Corporation's three global strategic business units.

Sources:

  • "Raytech Corporation Announces Receipt of Q-1 Award from Ford Motor Company" (press release, May 13, 1999)
  • "Raytech Corporation" ( Business Wire, May 13, 1999)